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LIFE CORPORATION shares turn negative in afternoon session despite upbeat earnings forecast and dividend hike
LIFE Corp <8194> turned negative in the afternoon session. The company released its consolidated earnings forecast for the fiscal year ending February 2027 at around 11:30 a.m., projecting sales of \922.5 billion (up 4.7% YoY), operating profit of \27.0 billion (up 3.8% YoY), and net profit of \19.0 billion (up 0.9% YoY), along with an annual dividend forecast of \70, up \4.50 from the prior year. Despite the upbeat outlook, the stock appears to be under selling pressure as investors perceive near-term catalysts as largely exhausted following the earnings release.
For the current fiscal year, LIFE Corp plans to open 10 new stores in total (vs. 5 in the prior year) ? 3 in the Tokyo metropolitan area and 7 in the Kinki region ? to drive top-line growth, while targeting profit goals through property cost optimization and reduction. For the fiscal year ended February 2026, the company reported sales of \881.3 billion (up 3.6% YoY), operating profit of \26.0 billion (up 2.9% YoY), and net profit of \18.8 billion (up 4.9% YoY).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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